Background Information on Members of the Board of Di- Rectors and Auditing Firms

4 March 2011

Background information on members of the Board of Di- rectors and auditing firms

The Board of Directors recommends that the annual general meeting re-elects the below candidates.

Jesper Brandgaard (recommended to re-election as Chairman) Personal background and education Born 1963, Danish citizen, MSc (Econ. and Audit.) and MBA.

Career Since 2000 Executive Vice President and CFO of Novo Nordisk A/S.

Directorships Chairman of SimCorp A/S’ Board of Directors since 2008 and Vice Chairman of the Board 2007-2008. Also Chairman of the Board of Directors of NNE Pharmaplan A/S and NNIT A/S.

Relevant competences and experience Group executive experience in a multinational corporation, including responsibility for strategy deve l- opment and implementation, information technology and finance. Furthermore, involved in the development and governance of companies with IT and consultancy activities.

Carl Christian Ægidius (recommended to re-election as Vice Chairman) Personal background and education Born 1944, Danish citizen, MSc (Econ.).

Career Employed with IBM for 35 years, of which 13 abroad, seven years as General Manager of IBM Nordic and three years as General Manager of IBM Danmark A/S.

Directorships Member of SimCorp A/S’ Board of Directors since 2004. Besides member of the Board of Directors of Industriens Pension.

Relevant competences and experience General management of international company, implementation of international business procedures and methods, international sales channel strategies and product sales.

Background information on members of the Board of Directors and auditing firms

Hervé Couturier Personal background and education Born 1958, French citizen, MSc (Industrial Engineering) from École Centrale de Paris.

Career IBM for over ten years and S1 Corporation for six years of which four in USA. Executive Vice President at SAP responsible for Global Research and Business Intelligence R&D.

Directorships Member of SimCorp A/S’ Board of Directors since 2008, and the Board of Directors of AVEVA Group plc since 2010.

Relevant competences and experience International experience in software development for the financial sector as well as general management skills.

The Board of Directors recommends that the annual general meeting elects the following candidate:

Simon Jeffreys Personal background and education Born 1952, British citizen, B.Com (Hons) fra University of Cape Town, FCA, CPA.

Career More than 20 years’ experience in the audit industry, Chief Operating Officer of the Wellcome Trust and non-executive director, chairman of the Audit Committee, member of the Risk and Compliance Committee and Nominations Committee for Aon Limited.

Directorships Aon Limited, Wellcome Trust Finance plc., Genome Research Ltd, MSD Wellcome Trust Hilleman Laboratories Pvt. Ltd. (India), Diamond Light Source Ltd.

Relevant competences and experience Significant international experience, financial services and financial knowledge as well as general management skills. ***

The Board of Directors recommends that the annual general meeting elects the following auditors:

KPMG KPMG is a market leading audit and advisory services firm - one of the "Big 4" - and part of the global KPMG network comprising approximately 138,000 professionals working in 150 countries. KPMG has operated in Denmark since 1919 and among the customer is a large share of the companies in the Danish C20 stock exchange index and other large and international Danish companies, including A.P. Møller-Mærsk, Danske Bank, Falck and GN Store Nord. KPMG in Denmark has approximately 1,400 professionals, including approximately 210 state authorised public accountants.

Grant Thornton Grant Thornton is a worldwide accounting firm with more than 30,000 employees and offices in more than 100 countries. Grant Thornton has operated as accounting company in Denmark – among other under the name of Grothen og Perregaard – since 1921. The company has a number of Danish listed companies and mutual funds among its clients, including the A.P. Møller Group, Danske Bank, Nordic Tankers A/S, Flügger A/S, Skako Industries A/S, Thrane & Thrane A/S, Danske Invest, and Carnegie WorldWide. Grant Thornton em- ploys 200 employees in Denmark, of which 42 are state authorised public accountants.

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